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Poultry Business Seeking Loan in Saint George's, Grenada

Self-sustainable farming and poultry business with high potential for export seeks funds for expansion.
This transaction has concluded.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 900 thousand
Run Rate Sales USD 900 thousand
EBITDA Margin 38 %
Industries Poultry + 1 more
Locations  Saint George's
Local Time 3:34 PM America / Grenada
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 740 thousand for 8.0% annual interest, 3 years (Native Currency: XCD 2,000,000)
Reason: Expansion of service and products. Increase in production to capture new markets. To purchase 75 acr... View More
Collateral Available: USD 440 thousand
Includes physical assets worth USD 74 thousand
Interested to connect with advisors
Documents
Business Overview

- Business specializes in poultry, animal husbandry, vegetables and fruits farming.

- At present, the farm operates on 8 acres of land to produce 15 types of short crops and run a poultry set-up.

- We grow and process more than 4,000 broiler chickens per month. We plan to expand to 150,000 broilers per month in the future.

- We promote local, good quality healthy products to customers.

- Pre-COVID the farm sold products to hotels, major supermarkets and restaurants. During COVID, the demand for home deliveries has increased and at present, we are building a website to sell directly to our customers and deliver on request.

- There is a great demand for our products and with the website, we believe that there will be an increase in sales, also when the hotels reopen the sales would increase even more.

- 55-60% of the revenue is from chickens and the rest is from agricultural crops.

- We intend to purchase 75 acres of land and expand our production capacity. Projected sales per month after the purchase will increase to $550,000.

- The farm will scale to export in the Caribbean region to capture an international market.

Products & Services Overview

- Fruits and vegetable cultivation like capsicum, guava, poultry farming, agri-management and planning.

- Future plan is to produce our own feed, set-up hatchery, and manufacturing plant.

Assets Overview

Agricultural produce inventory, agricultural equipment, poultry set-up and shelter, brand name, plucking machines, deep freezers.

Facilities Overview

We operate on 8 acres of leased lands. With the funds, we will purchase 75 acres of land for sustainable project with an additional 100 acres for greenhouses/hydroponic, and livestock operations.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.

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